Business
Oil climbs to 2-week high on Fed rate-cut signals, supply concerns
Oil prices edged up nearly 1 per cent to a two-week high on Friday (Dec 5) on increasing expectations the US Federal Reserve will cut…
Tag
Oil
Business
Oil settles up on expectations of Fed rate cut, Ukraine peace talks stalling
US crude futures briefly rose more than US$1 a barrel earlier in the session as global shares rose Oil prices settled up on Thursday (Dec…
Business
Malaysia palm oil reserves seen at six-year high as exports slump
Palm oil stockpiles in Malaysia surged to the highest in more than six years as exports dropped in November, according to a survey.…
Business
Malaysia's palm oil exports to China down almost 29% to October
Palm oil tracks the price movements of rival edible oils as it competes for a share of the global vegetable oils market Malaysia’s palm…
Business
Surging Chinese imports of Indonesia oil point to rebranded Iranian crude, traders say
China’s imports from Malaysia have almost halved since July from this year’s peak in March at 8.5 million tonnes China is importing…
Unsorted
AI boom is turning Malaysia’s palm oil estates into data centres
The rush is partly a spillover from Singapore, where a years-long moratorium on new centres forced operators to look north Malaysia’s palm…
Unsorted
Malaysia palm oil output to meet forecast despite monsoon season, says SD Guthrie
The arrival of the monsoon season has raised concerns about potential disruptions to Malaysian palm oil production over the next two…
Business
Golden Agri-Resources Q3 profit rises 17% to US$124 million on higher output and palm oil prices
Palm oil producer Golden Agri-Resources (GAR) posted a 17 per cent quarter-on-quarter rise in net profit for the third quarter ended Sep…
Business
China’s US$470 billion oil and gas splurge is just the start
The Asian nation still consumes far more than it produces, and that is unlikely to change any time soon Some 20 kilometres out from the…
Business
China Aviation Oil jumps over 4% on talks of potential merger between parent CNAF and mega refiner Sinopec
Shares of China Aviation Oil (CAO) surged by more than 4 per cent on Tuesday (Nov 4) morning following word of a merger between Sinopec,…
Business
China Aviation Oil shares seesaw on talks of potential merger between parent CNAF and mega refiner Sinopec
Shares of China Aviation Oil (CAO) ended lower despite surging as much as 4.5 per cent on Tuesday (Nov 4) following word of a merger…
Business
Stocks to watch: Keppel, Wee Hur, NetLink NBN Trust, Elite UK Reit, China Aviation Oil
The following companies saw new developments that may affect trading of their securities on Tuesday (Nov 4): Source link
Business
Shell profit beats estimates as oil and gas trading recovers
The company keeps quarterly US$3.5 billion buybacks, supported by robust operating cash flow Shell’s profit was better than expected in…
Business
DBS re-initiates China Aviation Oil coverage with ‘buy’ call; shares rise 7.6%
Its trading profitability is expected to rise, while arbitrage opportunities are set to persist Shares of China Aviation Oil (CAO) surged…
Business
DBS restarts China Aviation Oil coverage with ‘buy’ call; shares rise 7.6%
Its trading profitability is expected to rise, while arbitrage opportunities are set to persist Shares of China Aviation Oil (CAO) surged…
Business
DBS restarts China Aviation Oil coverage with ‘buy’ call; shares rise 9.1%
Its trading profitability is expected to rise, while arbitrage opportunities are set to persist Shares of China Aviation Oil (CAO) surged…
Business
DBS restarts China Aviation Oil coverage with ‘buy’ call; shares rise 12.9%
Its trading profitability is expected to rise, while arbitrage opportunities are set to persist Shares of China Aviation Oil (CAO) surged…
News
Brazilian authorities say they addressed housing shortage for climate talks, defend oil drilling
SAO PAULO (AP) — Brazilian authorities said Friday they have made progress in solving the housing shortage for attendees of the upcoming…
Lifestyle
Port fees, cooking oil purchases, Nexperia export ban: How China trade tensions are ramping up
Maybank says prediction markets are suggesting that a Trump-Xi meeting is ‘78% likely’ before the end of October Just as Asian markets…
Unsorted
Oil settles higher as US, China try to de-escalate trade tensions
The Organization of the Petroleum Exporting Countries has kept its relatively high global oil demand growth forecasts unchanged for this…
News
Eight Indonesians Charged in Singapore Over Suspected Illegal Marine Gas Oil Deals
Eight men have been arrested and charged over their alleged involvement in the illegal sale of marine gas oil (MGO). The men, who are all…
News
8 Men Arrested Over Illegal Marine Gas Oil Deal in Singapore
Eight men were arrested on Friday, October 10, after they were allegedly involved in the illicit sale of marine gas oil. During a routine…
News
Oil settles 1.6% lower after Gaza ceasefire
Opec+ has agreed on Sunday to a November output hike that was smaller than market expectations, easing oversupply concerns Oil prices…
Business
Oil settles flat amid Opec+ output hike, supply glut fears
Oil prices steadied on Tuesday (Oct 7) as investors weighed a smaller-than-expected increase to the Organization of the Petroleum…